Nike Inc (NYSE:NKE) shares are unchanged at $53.23 in Tuesday's session.
After the close, the company will report Q1 results. Street estimates for EPS stand at 48 cents on sales of $9.09 billion. The company beat for EPS for 20 straight quarters, but sales has been mixed with 12 beats and eight misses.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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Ahead of the report, Nike has traded in a very tight range over the last five sessions, including today from $52.80 to $53.64. The stock is now trading at the same level it did before its Q4 beat that propelled it to $60.34, but was unable to hold those gains as poor reports from other shoe retailers weighed heavily on the stock.